A North End Peterborough Home Sold $35,100 Over Asking

1337 Franklin Drive in Peterborough's North End was listed for $499,900, received four offers and sold for $535,000. That is $35,100, or approximately 7%, over the asking price. In a Peterborough real estate market where buyers have more homes to compare, this sale is a positive local example of how the right pricing, preparation, presentation and marketing strategy can help a property stand out.

LISTED: $499,900 | SOLD: $535,000 | 4 OFFERS | $35,100 OVER ASKING | APPROX. 7.2% ABOVE LIST PRICE

The SOLD sign is up at 1337 Franklin...

 When Higher Mortgage Costs, Unpaid Rent and Repairs Become Too Much

The Quick Answer is: Some Ontario landlords and real estate investors are facing growing financial pressure in 2026. Higher mortgage payments, months of unpaid rent, rising repair costs and softer property values can turn what was once a good investment into a serious financial problem. I am seeing this firsthand with property owners in Peterborough and the Kawarthas. In some cases, selling early may help an owner protect equity before mortgage arrears lead to a power of sale.

I have been selling real estate for many...

656 Clancy Crescent is located in Peterborough's popular west end, close to Fleming College, the Peterborough Sport & Wellness Centre, Valleymore Park, Lansdowne Street West shopping and convenient Highway 115 access. For buyers looking for a residential neighbourhood with parks, schools, recreation, shopping and commuter routes nearby, this part of Peterborough deserves a closer look.

This Home is Move In Ready

A house can be changed over time. Kitchens get renovated, flooring gets replaced and rooms can be updated.

Location is different.

That is one reason I encourage buyers to look...

The Quick answer is :

1337 Franklin Drive in Peterborough is a well-kept, 1,705-square-foot, four-level side-split with three bedrooms, two bathrooms, a large main-floor great room, a natural gas fireplace, two walkouts, a finished lower-level recreation room, an attached garage and a private deck on a 70-by-125-foot lot. Located in the Northcrest area of Peterborough's North End, the home is close to schools, parks, Chemong Road shopping, public transit, trails and Riverview Park and Zoo. It is a strong option for buyers who want separate living areas and more usable space than a typical...

Last updated: August 2026 · Reviewed by Frank Rosso, ABR, SRS, REALTOR®

A Quick Summary

In 2026, selling a home in Peterborough or the Kawarthas typically costs 4% to 6.5% of the sale price, and buying typically costs 1.5% to 4% of the purchase price on top of your down payment.

On a home at the Peterborough County average selling price of $674,834 in July 2026 (Central Lakes Association of REALTORS® / CREA), that works out to roughly:

• Selling: about $30,000 to $43,000 all in, with real estate commission plus 13% HST making up the large majority of it
• Buying: about $13,000 to $18,000 in...

Buying a Student Rental Property in Peterborough: Complete Investor Guide

The Quick Answer for Investors!

Buying a student rental property in Peterborough can offer long term investment potential because the city is home to Trent University and Fleming College, but a good student rental is about much more than being close to a campus. Investors should consider legal use, City of Peterborough rental licensing, transit, number of bedrooms, parking, fire and building requirements, insurance, utilities, maintenance, tenant turnover, financing, cash flow and eventual resale value before...

Peterborough and Kawarthas homeowners, buyers, sellers, and local businesses can prepare for Canada-U.S. trade changes by watching household costs, renovation pricing, mortgage trends, and local real estate conditions.

The good news is this does not mean every price will jump by 50%.

Tariffs are charged at the border. After that, the cost is often shared between exporters, importers, stores, contractors, and buyers. Some prices may rise. Some businesses may absorb part of the cost because customers are already careful with spending.

For Peterborough, Lakefield, Selwyn, Bridgenorth,...

LIVE IN ONE, RENT THE OTHER

754 Crawford Place is a renovated brick bungalow in Peterborough’s south end with three bedrooms on the main floor and a legal two-bedroom basement with a den and separate entrance. Fresh paint, new flooring, two kitchens, flexible living space, a covered carport, a fenced backyard, and convenient access to schools, transit, shopping, Highway 115, and the Otonabee River make this an appealing Peterborough home for buyers seeking space and income potential.

Legal BASEMENTS deserve a closer look. A finished basement with a kitchen and separate entrance is not...

The Quick Answer is:

A basement apartment in Peterborough is not automatically legal because it has a separate entrance, kitchen, bathroom or tenant. Before treating it as an authorized rental unit, buyers and sellers should confirm the property’s zoning, building permits, completed inspections, fire and life-safety requirements, and any applicable rental licensing. Ask the City of Peterborough for records and supporting documentation. If the property is outside the city, contact the municipality where it is located because the rules may be different.

A basement apartment can be a...

Moving from Toronto to Peterborough is not only a change of address. It can change how you travel, spend your weekends and choose a home.

Peterborough offers city services, established neighbourhoods, post-secondary schools, parks, trails and access to the Kawarthas. A short drive outside the city can lead to villages, farms, rural homes, cottages and waterfront properties.

That choice is a big part of the appeal. It also means buyers should slow down and compare more than price.

Quick answer: Is Peterborough a good place to move from Toronto?

Peterborough may be a good fit if you want a...